Kimberly Smith, a friend of yours, is a freelance journalist. She writes articles on business topics and sells them to business periodicals, newspapers, and online sites. She just read an article about the advantages of organizing as a subchapter S corporation or an LLC; however, Kimberly does not know if the article’s contents apply to her and her situation or not. Currently, she is organized as a sole proprietorship and doesn’t know if it is appropriate or advisable for a freelance journalist to set up a subchapter S corporation or an LLC. Kimberly has turned to you for advice. What advice would you offer to her regarding the issue at hand?